3 Chimes Lane, Toronto W07

Price: $998,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W13420878

Spacious and beautifully updated, this impressive 3-storey townhouse offers 3 bedrooms, 4 bathrooms, and a double car garage in one of Etobicoke's most sought-after family-friendly communities.Step inside to discover a bright and inviting home featuring fresh paint throughout and a professional deep clean, making it truly move-in ready. The functional layout offers generous living space across all levels, perfect for modern family living.The large kitchen is a standout, complete with a sit-down eating area and walk-out to a private balcony extending your entertaining outdoors. The kitchen has been upgraded with new countertops, sink, faucet, dishwasher, and refinished cabinetry. The fully finished basement provides additional versatile living space, perfect for a recreation room, home office, or guest suite. This home has been thoughtfully maintained and upgraded:All owned utility (tankless water & AC), equipment replaced (2022), including tankless water heater, air handler, and air conditioner, backup battery for sump pump new(2022), stylish front stonework added to enhance curb appeal (2023), and replaced window panes where needed and all handles (2024)This location is just minutes from parks, schools, shopping, and dining, with excellent access to highways and public transit. Enjoy the best of both worlds, bonus is close proximity to Lake Ontario and a short 15 minutes drive to downtown Toronto, all while living in a quieter, family-oriented neighbourhood. A perfect blend of comfort, convenience, and lifestyle, this is a home you won't want to miss.

3 Chimes Lane - Townhouse photo 1 of 27 in Corso Italia / Dufferin Grove, Ontario
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active
New Listing
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$998,000 - 3 Chimes Lane, Corso Italia

Townhouse for Sale in Corso Italia

New — Listed yesterday
3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W13420878
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Spacious and beautifully updated, this impressive 3-storey townhouse offers 3 bedrooms, 4 bathrooms, and a double car garage in one of Etobicoke's most sought-after family-friendly communities.Step inside to discover a bright and inviting home featuring fresh paint throughout and a professional deep clean, making it truly move-in ready. The functional layout offers generous living space across all levels, perfect for modern family living.The large kitchen is a standout, complete with a sit-down eating area and walk-out to a private balcony extending your entertaining outdoors. The kitchen has been upgraded with new countertops, sink, faucet, dishwasher, and refinished cabinetry. The fully finished basement provides additional versatile living space, perfect for a recreation room, home office, or guest suite. This home has been thoughtfully maintained and upgraded:All owned utility (tankless water & AC), equipment replaced (2022), including tankless water heater, air handler, and air conditioner, backup battery for sump pump new(2022), stylish front stonework added to enhance curb appeal (2023), and replaced window panes where needed and all handles (2024)This location is just minutes from parks, schools, shopping, and dining, with excellent access to highways and public transit. Enjoy the best of both worlds, bonus is close proximity to Lake Ontario and a short 15 minutes drive to downtown Toronto, all while living in a quieter, family-oriented neighbourhood. A perfect blend of comfort, convenience, and lifestyle, this is a home you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,120.26/mo

Includes CMHC insurance ($27,844)

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5-yr fixed avg.

Principal: $898,200Interest: $610,033
Mortgage Amount$926,044
Total Interest$610,033
Est. Property Tax$707/mo
Total Cost$1,536,077

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Corso Italia / Dufferin Grove

Discover Corso Italia / Dufferin Grove

Corso Italia / Dufferin Grove is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Corso Italia / Dufferin Grove

  • Convenient location in Corso Italia / Dufferin Grove
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Corso Italia / Dufferin Grove offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3 Chimes Lane, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$1,815

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $665/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Corso Italia have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3 Chimes Lane, Corso Italia / D… — $998,000 | Battaglia Team